Code Context ?>
<?php endif; ?>
<p style="padding-bottom:5px">By <?php echo join(',',$att); ?><br> - via <a href="https://<?php echo $urlParse['host']; ?>" style="font-family:Myriad-pro;font-weight:normal"><?php echo $news['Article']['Source']['name']; ?></a> <?php echo date('M d, Y', strtotime($news["Article"]['Article']['publication_date'])); ?></p>
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'description_old' => 'When gauging a country's economic prospects, analysts first study the historical performance of its financial market and activity that characterize its investment environment. For more than 50 years, the Taiwan Stock Exchange (TWSE) has served as the island nation's definitive economic benchmark.',
'description' => 'When gauging a country's economic prospects, analysts first study the historical performance of its financial market and activity that characterize its investment environment. For more than 50 years, the Taiwan Stock Exchange (TWSE) has served as the island nation's definitive economic benchmark.',
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'content_old' => '<p>When gauging a country's economic prospects, analysts first study the historical performance of its financial market and activity that characterize its investment environment. For more than 50 years, the <a href="http://www.twse.com.tw/en/" target="_blank">Taiwan Stock Exchange (TWSE)</a> has served as the island nation's definitive economic benchmark.</p>
<p>With strict attention paid to corporate governance reporting standards and strong economic upturn, Taiwan has a well-earned reputation as a preferred investment destination both at home and abroad. This is evidenced in the growth of TWSE's main index, which hit the 10,000 ceiling on May 11.</p>
<p>TWSE Chairman Jun-ji Shih knows what it takes not only to realize this record high but also to sustain that growth.</p>
<figure class="image-container floated-right" style="float: right;"><img src="http://gmipost.com/img/uploads/Taiwan%202017/TWSE-Photo.jpg" alt="" width="442" height="452" /><figcaption class="image-caption">Taiwan has a well-earned reputation as a preferred investment destination both at home and abroad. </figcaption></figure>
<p style="text-align: left;">"One factor is economic performance, and we think that performance should be able to support the growth of the stock market. Other factors include the inflow of foreign funds and the contribution of individual domestic investors to enhance capital market surplus. The last decade has seen a steady climb in institutional investors, with this group having 40% of the overall holdings of the Taiwan market.”</p>
<p>At the end of June 2017, the TWSE reported 837 domestic listed companies and 64 foreign primary listed companies. Taiwan's well-known strength in high tech has also contributed to the stock market progress with globally-recognized giants <a href="http://www.tsmc.com/english/default.htm" target="_blank">Taiwan Semiconductor Manufacturing Company</a> and <a href="http://www.foxconn.com/" target="_blank">Hon Hai Precision (Foxconn)</a> being listed on TWSE. Biotech is also active, and the bourse has the highest number of listed biotech companies in Asia.</p>
<p>"Taiwan's position as a leading global supply chain gives our market many advantages with international linkage thro ugh Asia and worldwide. Our advanced ICT ecosystem enterprises are an integral part of our success. Investors in these companies enjoy the benefits of Taiwan's transparency and shareholder protection, while easily accessing other markets in the region and beyond,” noted Shih.</p>
<p>External recognition of Taiwan's advances in corporate governance by global reporting bodies shows yet another side of Taiwan's market strength. It is well worth mentioning that <a href="http://www.robecosam.com/en/sustainability-insights/about-sustainability/country-sustainability-ranking/" target="_blank">2016 was the first year Taiwan made the Robeco SAM Country Sustainability Ranking</a>. This is significant because when Taiwan was ranked, it was in the top third. Taiwan also placed first in APAC in Bloomberg's ESG category as well as rising to the 4th place position in ACGA's most recent survey.</p>
<p>"The ultimate goal of the TWSE is to provide trading value growth and consistently high dividend yields in the 4% range. Our listed companies also have reasonable P/E ratios; both of these are factors that continue to draw foreign investors to our market," Shih added.</p>
<p>Looking to the future, Shih is active in building greater collaboration with the international community to further strengthen Taiwan's investment environment. This involves working closely with other exchanges like Japan, Korea, Malaysia and NASDAQ with whom strong ties are held. Promoting the advantages of investing in Taiwan is also a key strategy, which entails roadshows in all regions of the world that include New York, London, Hong Kong and Singapore. With all this momentum in place, the TWSE is poised to deliver.</p>',
'content' => '<p>When gauging a country's economic prospects, analysts first study the historical performance of its financial market and activity that characterize its investment environment. For more than 50 years, the <a href="http://www.twse.com.tw/en/" target="_blank">Taiwan Stock Exchange (TWSE)</a> has served as the island nation's definitive economic benchmark.</p>
<p>With strict attention paid to corporate governance reporting standards and strong economic upturn, Taiwan has a well-earned reputation as a preferred investment destination both at home and abroad. This is evidenced in the growth of TWSE's main index, which hit the 10,000 ceiling on May 11.</p>
<p>TWSE Chairman Jun-ji Shih knows what it takes not only to realize this record high but also to sustain that growth.</p>
<figure class="image-container floated-right" style="float: right;"><img src="http://gmipost.com/img/uploads/Taiwan%202017/TWSE-Photo.jpg" alt="" width="442" height="452" /><figcaption class="image-caption">Taiwan has a well-earned reputation as a preferred investment destination both at home and abroad. </figcaption></figure>
<p style="text-align: left;">"One factor is economic performance, and we think that performance should be able to support the growth of the stock market. Other factors include the inflow of foreign funds and the contribution of individual domestic investors to enhance capital market surplus. The last decade has seen a steady climb in institutional investors, with this group having 40% of the overall holdings of the Taiwan market.”</p>
<p>At the end of June 2017, the TWSE reported 837 domestic listed companies and 64 foreign primary listed companies. Taiwan's well-known strength in high tech has also contributed to the stock market progress with globally-recognized giants <a href="http://www.tsmc.com/english/default.htm" target="_blank">Taiwan Semiconductor Manufacturing Company</a> and <a href="http://www.foxconn.com/" target="_blank">Hon Hai Precision (Foxconn)</a> being listed on TWSE. Biotech is also active, and the bourse has the highest number of listed biotech companies in Asia.</p>
<p>"Taiwan's position as a leading global supply chain gives our market many advantages with international linkage thro ugh Asia and worldwide. Our advanced ICT ecosystem enterprises are an integral part of our success. Investors in these companies enjoy the benefits of Taiwan's transparency and shareholder protection, while easily accessing other markets in the region and beyond,” noted Shih.</p>
<p>External recognition of Taiwan's advances in corporate governance by global reporting bodies shows yet another side of Taiwan's market strength. It is well worth mentioning that <a href="http://www.robecosam.com/en/sustainability-insights/about-sustainability/country-sustainability-ranking/" target="_blank">2016 was the first year Taiwan made the Robeco SAM Country Sustainability Ranking</a>. This is significant because when Taiwan was ranked, it was in the top third. Taiwan also placed first in APAC in Bloomberg's ESG category as well as rising to the 4th place position in ACGA's most recent survey.</p>
<p>"The ultimate goal of the TWSE is to provide trading value growth and consistently high dividend yields in the 4% range. Our listed companies also have reasonable P/E ratios; both of these are factors that continue to draw foreign investors to our market," Shih added.</p>
<p>Looking to the future, Shih is active in building greater collaboration with the international community to further strengthen Taiwan's investment environment. This involves working closely with other exchanges like Japan, Korea, Malaysia and NASDAQ with whom strong ties are held. Promoting the advantages of investing in Taiwan is also a key strategy, which entails roadshows in all regions of the world that include New York, London, Hong Kong and Singapore. With all this momentum in place, the TWSE is poised to deliver.</p>',
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'title' => 'TWSE: Cultivating Growth',
'description_old' => 'When gauging a country's economic prospects, analysts first study the historical performance of its financial market and activity that characterize its investment environment. For more than 50 years, the Taiwan Stock Exchange (TWSE) has served as the island nation's definitive economic benchmark.',
'description' => 'When gauging a country's economic prospects, analysts first study the historical performance of its financial market and activity that characterize its investment environment. For more than 50 years, the Taiwan Stock Exchange (TWSE) has served as the island nation's definitive economic benchmark.',
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'content_old' => '<p>When gauging a country's economic prospects, analysts first study the historical performance of its financial market and activity that characterize its investment environment. For more than 50 years, the <a href="http://www.twse.com.tw/en/" target="_blank">Taiwan Stock Exchange (TWSE)</a> has served as the island nation's definitive economic benchmark.</p>
<p>With strict attention paid to corporate governance reporting standards and strong economic upturn, Taiwan has a well-earned reputation as a preferred investment destination both at home and abroad. This is evidenced in the growth of TWSE's main index, which hit the 10,000 ceiling on May 11.</p>
<p>TWSE Chairman Jun-ji Shih knows what it takes not only to realize this record high but also to sustain that growth.</p>
<figure class="image-container floated-right" style="float: right;"><img src="http://gmipost.com/img/uploads/Taiwan%202017/TWSE-Photo.jpg" alt="" width="442" height="452" /><figcaption class="image-caption">Taiwan has a well-earned reputation as a preferred investment destination both at home and abroad. </figcaption></figure>
<p style="text-align: left;">"One factor is economic performance, and we think that performance should be able to support the growth of the stock market. Other factors include the inflow of foreign funds and the contribution of individual domestic investors to enhance capital market surplus. The last decade has seen a steady climb in institutional investors, with this group having 40% of the overall holdings of the Taiwan market.”</p>
<p>At the end of June 2017, the TWSE reported 837 domestic listed companies and 64 foreign primary listed companies. Taiwan's well-known strength in high tech has also contributed to the stock market progress with globally-recognized giants <a href="http://www.tsmc.com/english/default.htm" target="_blank">Taiwan Semiconductor Manufacturing Company</a> and <a href="http://www.foxconn.com/" target="_blank">Hon Hai Precision (Foxconn)</a> being listed on TWSE. Biotech is also active, and the bourse has the highest number of listed biotech companies in Asia.</p>
<p>"Taiwan's position as a leading global supply chain gives our market many advantages with international linkage thro ugh Asia and worldwide. Our advanced ICT ecosystem enterprises are an integral part of our success. Investors in these companies enjoy the benefits of Taiwan's transparency and shareholder protection, while easily accessing other markets in the region and beyond,” noted Shih.</p>
<p>External recognition of Taiwan's advances in corporate governance by global reporting bodies shows yet another side of Taiwan's market strength. It is well worth mentioning that <a href="http://www.robecosam.com/en/sustainability-insights/about-sustainability/country-sustainability-ranking/" target="_blank">2016 was the first year Taiwan made the Robeco SAM Country Sustainability Ranking</a>. This is significant because when Taiwan was ranked, it was in the top third. Taiwan also placed first in APAC in Bloomberg's ESG category as well as rising to the 4th place position in ACGA's most recent survey.</p>
<p>"The ultimate goal of the TWSE is to provide trading value growth and consistently high dividend yields in the 4% range. Our listed companies also have reasonable P/E ratios; both of these are factors that continue to draw foreign investors to our market," Shih added.</p>
<p>Looking to the future, Shih is active in building greater collaboration with the international community to further strengthen Taiwan's investment environment. This involves working closely with other exchanges like Japan, Korea, Malaysia and NASDAQ with whom strong ties are held. Promoting the advantages of investing in Taiwan is also a key strategy, which entails roadshows in all regions of the world that include New York, London, Hong Kong and Singapore. With all this momentum in place, the TWSE is poised to deliver.</p>',
'content' => '<p>When gauging a country's economic prospects, analysts first study the historical performance of its financial market and activity that characterize its investment environment. For more than 50 years, the <a href="http://www.twse.com.tw/en/" target="_blank">Taiwan Stock Exchange (TWSE)</a> has served as the island nation's definitive economic benchmark.</p>
<p>With strict attention paid to corporate governance reporting standards and strong economic upturn, Taiwan has a well-earned reputation as a preferred investment destination both at home and abroad. This is evidenced in the growth of TWSE's main index, which hit the 10,000 ceiling on May 11.</p>
<p>TWSE Chairman Jun-ji Shih knows what it takes not only to realize this record high but also to sustain that growth.</p>
<figure class="image-container floated-right" style="float: right;"><img src="http://gmipost.com/img/uploads/Taiwan%202017/TWSE-Photo.jpg" alt="" width="442" height="452" /><figcaption class="image-caption">Taiwan has a well-earned reputation as a preferred investment destination both at home and abroad. </figcaption></figure>
<p style="text-align: left;">"One factor is economic performance, and we think that performance should be able to support the growth of the stock market. Other factors include the inflow of foreign funds and the contribution of individual domestic investors to enhance capital market surplus. The last decade has seen a steady climb in institutional investors, with this group having 40% of the overall holdings of the Taiwan market.”</p>
<p>At the end of June 2017, the TWSE reported 837 domestic listed companies and 64 foreign primary listed companies. Taiwan's well-known strength in high tech has also contributed to the stock market progress with globally-recognized giants <a href="http://www.tsmc.com/english/default.htm" target="_blank">Taiwan Semiconductor Manufacturing Company</a> and <a href="http://www.foxconn.com/" target="_blank">Hon Hai Precision (Foxconn)</a> being listed on TWSE. Biotech is also active, and the bourse has the highest number of listed biotech companies in Asia.</p>
<p>"Taiwan's position as a leading global supply chain gives our market many advantages with international linkage thro ugh Asia and worldwide. Our advanced ICT ecosystem enterprises are an integral part of our success. Investors in these companies enjoy the benefits of Taiwan's transparency and shareholder protection, while easily accessing other markets in the region and beyond,” noted Shih.</p>
<p>External recognition of Taiwan's advances in corporate governance by global reporting bodies shows yet another side of Taiwan's market strength. It is well worth mentioning that <a href="http://www.robecosam.com/en/sustainability-insights/about-sustainability/country-sustainability-ranking/" target="_blank">2016 was the first year Taiwan made the Robeco SAM Country Sustainability Ranking</a>. This is significant because when Taiwan was ranked, it was in the top third. Taiwan also placed first in APAC in Bloomberg's ESG category as well as rising to the 4th place position in ACGA's most recent survey.</p>
<p>"The ultimate goal of the TWSE is to provide trading value growth and consistently high dividend yields in the 4% range. Our listed companies also have reasonable P/E ratios; both of these are factors that continue to draw foreign investors to our market," Shih added.</p>
<p>Looking to the future, Shih is active in building greater collaboration with the international community to further strengthen Taiwan's investment environment. This involves working closely with other exchanges like Japan, Korea, Malaysia and NASDAQ with whom strong ties are held. Promoting the advantages of investing in Taiwan is also a key strategy, which entails roadshows in all regions of the world that include New York, London, Hong Kong and Singapore. With all this momentum in place, the TWSE is poised to deliver.</p>',
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'description_old' => 'In 2009, Sony set up a direct subsidiary in Bogota, recognizing the immense potential held by the thriving Colombian economy.
Amid a rapid expansion of the region's middle class, the Japanese electronics giant selected Latin America as one of its 10 “global focus areas,” with Colombia playing a vital role in the company's business development plan.',
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Amid a rapid expansion of the region's middle class, the Japanese electronics giant selected Latin America as one of its 10 “global focus areas,” with Colombia playing a vital role in the company's business development plan.',
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'content_old' => '<figure class="image-container floated-left" style="float: left;"><img style="float: left;" src="http://gmipost.com/img/uploads/Colombia%202013/Big-3-Top-Sony-Kawano.jpg" alt="" width="358" height="250" /><figcaption class="image-caption">Sony Colombia President Takashi Kawano</figcaption></figure>
<p>In 2009, Sony set up a direct subsidiary in Bogota, recognizing the immense potential held by the thriving Colombian economy. Amid a rapid expansion of the region’s middle class, the Japanese electronics giant selected Latin America as one of its 10 “global focus areas,” with Colombia playing a vital role in the company’s business development plan.</p>
<p>“We think that the Colombian market has great potential for our industry. Population-wise, Colombia is the third–largest in Latin America, behind Brazil and Mexico. Demographics-wise, almost half of the population is less than 29 years old. Colombia is a very young market. This weighed heavily in our decision to come here. Colombia is one of the strategic markets for Sony, on a market-potential point of view,” explained Sony Colombia President <strong>Takashi Kawano</strong>.</p>
<p>Four years later, <a href="http://www.sony.com.co/" target="_blank">Sony Colombia</a> has achieved impressive results in brand awareness and market position. By being in the country, it can identify trends early, quickly adapt to them and promptly deliver its products tailored for Colombian consumers.</p>
<p>“When the Colombian government decided to adopt a new digital broadcast transmission system, called DVB-T2, we were the first manufacturer to offer the Sony Bravia with DVB-T2. This is one of the achievements that we could not have attained if we were not here in Colombia. Thanks to our presence, we are able to offer the latest products adapted to the local market’s needs,” said Kawano.</p>
<p>Still reaping the benefits of its in-country advantage, Sony Colombia has introduced more of its latest products this year, including the Sony Bravia with Triluminos display, which expands the screen’s color spectrum.</p>
<p>Outside the TV segment, Sony has emerged as the market leader in audio component systems. It has also raised sales of its VAIO laptops, PlayStation gaming consoles and Xperia smartphones, reinforcing its brand not only as a maker of electronics, but more as a provider of total entertainment.</p>
<p>“We are looking at the convergence of all categories. We want to promote the connection of all Sony products with each other. We have a technology called One-Touch, which creates an eco-system where consumers can fully experience all the entertainment options offered by Sony. Our priority is to continue offering the best experience to the consumers for them to best enjoy entertainment, such as movies, music, gaming and even content- creation. We will keep offering this kind of experience,” said Kawano.</p>
<figure class="image-container floated-left floated-right" style="float: right;"><img style="float: left;" src="http://gmipost.com/img/uploads/Colombia%202013/Big-3-Top-Sony-Vaio.jpg" alt="" width="358" height="250" /><figcaption class="image-caption">Aside from providing a seamless mobile office environment, Sony's VAIO laptops also offer the freedom of a portable home entertainment system</figcaption></figure>
<p>“First and foremost, we are an entertainment company. We cover the entire spectrum of entertainment, from software to hardware and content. Customer loyalty makes us responsible in creating new experiences for them and ushering them into the convergence age. We do not offer merely products, we offer a full experience,” added Kawano.</p>
<p> </p>
<p><span style="font-family: myriad-pro; font-size: 10pt;">- Originally prepared by Global Media for <a href="http://www.japantimes.co.jp/">The Japan Times</a> Special Report on Colombia 2013 (Credit: <a href="http://hk.linkedin.com/in/gmiphilippe" target="_blank">Philippe Le Saux</a>)</span></p>',
'content' => '<figure class="image-container floated-left" style="float: left;"><img style="float: left;" src="http://gmipost.com/img/uploads/Colombia%202013/Big-3-Top-Sony-Kawano.jpg" alt="" width="358" height="250" /><figcaption class="image-caption">Sony Colombia President Takashi Kawano</figcaption></figure>
<p>In 2009, Sony set up a direct subsidiary in Bogota, recognizing the immense potential held by the thriving Colombian economy. Amid a rapid expansion of the region’s middle class, the Japanese electronics giant selected Latin America as one of its 10 “global focus areas,” with Colombia playing a vital role in the company’s business development plan.</p>
<p>“We think that the Colombian market has great potential for our industry. Population-wise, Colombia is the third–largest in Latin America, behind Brazil and Mexico. Demographics-wise, almost half of the population is less than 29 years old. Colombia is a very young market. This weighed heavily in our decision to come here. Colombia is one of the strategic markets for Sony, on a market-potential point of view,” explained Sony Colombia President <strong>Takashi Kawano</strong>.</p>
<p>Four years later, <a href="http://www.sony.com.co/" target="_blank">Sony Colombia</a> has achieved impressive results in brand awareness and market position. By being in the country, it can identify trends early, quickly adapt to them and promptly deliver its products tailored for Colombian consumers.</p>
<p>“When the Colombian government decided to adopt a new digital broadcast transmission system, called DVB-T2, we were the first manufacturer to offer the Sony Bravia with DVB-T2. This is one of the achievements that we could not have attained if we were not here in Colombia. Thanks to our presence, we are able to offer the latest products adapted to the local market’s needs,” said Kawano.</p>
<p>Still reaping the benefits of its in-country advantage, Sony Colombia has introduced more of its latest products this year, including the Sony Bravia with Triluminos display, which expands the screen’s color spectrum.</p>
<p>Outside the TV segment, Sony has emerged as the market leader in audio component systems. It has also raised sales of its VAIO laptops, PlayStation gaming consoles and Xperia smartphones, reinforcing its brand not only as a maker of electronics, but more as a provider of total entertainment.</p>
<p>“We are looking at the convergence of all categories. We want to promote the connection of all Sony products with each other. We have a technology called One-Touch, which creates an eco-system where consumers can fully experience all the entertainment options offered by Sony. Our priority is to continue offering the best experience to the consumers for them to best enjoy entertainment, such as movies, music, gaming and even content- creation. We will keep offering this kind of experience,” said Kawano.</p>
<figure class="image-container floated-left floated-right" style="float: right;"><img style="float: left;" src="http://gmipost.com/img/uploads/Colombia%202013/Big-3-Top-Sony-Vaio.jpg" alt="" width="358" height="250" /><figcaption class="image-caption">Aside from providing a seamless mobile office environment, Sony's VAIO laptops also offer the freedom of a portable home entertainment system</figcaption></figure>
<p>“First and foremost, we are an entertainment company. We cover the entire spectrum of entertainment, from software to hardware and content. Customer loyalty makes us responsible in creating new experiences for them and ushering them into the convergence age. We do not offer merely products, we offer a full experience,” added Kawano.</p>
<p> </p>
<p><span style="font-family: myriad-pro; font-size: 10pt;">- Originally prepared by Global Media for <a href="http://www.japantimes.co.jp/">The Japan Times</a> Special Report on Colombia 2013 (Credit: <a href="http://hk.linkedin.com/in/gmiphilippe" target="_blank">Philippe Le Saux</a>)</span></p>',
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'description_old' => ' How Companies and Countries Can Make the Most of Low Prices February 4, 2015 Kassia Yanosek and David G. Victor Summary: Low oil prices could force some oil and gas producers to stop drilling. But the price slump may also create a sizable opportunity for new oil exploration projects, such as deep-water oil and gas fields, which have long lead times and do not rely solely on today's oil prices. For the second time in a decade, oil prices have taken a major tumble. If energy stays relatively cheap for a few years, a massive redrawing of the economic and political landscape could follow. When oil prices were high, few noticed the fact that the cost of deep-water exploration and development soared, on average, 40 percent over the course of five to seven years. Government-related costs are deterring investment in countries that were just recently hotbeds of deep-water investment. Brazil is one example. ',
'description' => ' How Companies and Countries Can Make the Most of Low Prices February 4, 2015 Kassia Yanosek and David G. Victor Summary: Low oil prices could force some oil and gas producers to stop drilling. But the price slump may also create a sizable opportunity for new oil exploration projects, such as deep-water oil and gas fields, which have long lead times and do not rely solely on today's oil prices. For the second time in a decade, oil prices have taken a major tumble. If energy stays relatively cheap for a few years, a massive redrawing of the economic and political landscape could follow. When oil prices were high, few noticed the fact that the cost of deep-water exploration and development soared, on average, 40 percent over the course of five to seven years. Government-related costs are deterring investment in countries that were just recently hotbeds of deep-water investment. Brazil is one example. ',
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'content_old' => '<p>For the second time in a decade, oil prices have taken a major tumble. If energy stays relatively cheap for a few years, a massive redrawing of the economic and political landscape could follow.</p><p>Some of the consequences are easy to predict—because they happen every time oil prices drop. China, India, the United States, and other oil importers will gain because falling energy costs will free up money for growth in other sectors. As in the past, it is also likely that major oil-exporting countries—Russia and the countries of the Middle East and Latin America—will face pressure to adopt massive energy sector reforms to attract new, taxable investment.</p><p>Cheaper oil could also redraw the geoeconomic landscape in subtler ways. Of course, low oil prices could force some oil and gas producers to stop drilling, since some fields will no longer be economically viable. It could also reduce the capital budgets of the biggest oil firms, whose cash balances are already strained in today’s environment. But the price slump may also create a sizable opportunity for new oil exploration projects, such as deep-water oil and gas fields, which have long lead times (five to eight years) and do not rely solely on today’s oil prices—provided these projects attract funding for critical infrastructure, such as new pipelines. Already, these projects have shown surprising resilience as the excess supply of drilling rigs drives down exploration and development costs.</p><p>Winners in this new cheap-oil world will be the firms that have cash to spend and governments that are good at attracting scarce new investments. The result could be a shift in oil exploration—the drilling of new wells in new fields—away from the traditional basins to underexplored places, such as East Africa and even Iraq. If well managed and the economics look favorable to investors, the next several years could see a diversification of world oil supply—a good thing for all big energy consumers since oil security is first and foremost a function of diversity.</p><p>KNOWN KNOWNS</p><p>Predicting anything about oil and prices is a hazardous business. But some of the effects of the price tumble are easy to guess.</p>',
'content' => '<p>For the second time in a decade, oil prices have taken a major tumble. If energy stays relatively cheap for a few years, a massive redrawing of the economic and political landscape could follow.</p><p>Some of the consequences are easy to predict—because they happen every time oil prices drop. China, India, the United States, and other oil importers will gain because falling energy costs will free up money for growth in other sectors. As in the past, it is also likely that major oil-exporting countries—Russia and the countries of the Middle East and Latin America—will face pressure to adopt massive energy sector reforms to attract new, taxable investment.</p><p>Cheaper oil could also redraw the geoeconomic landscape in subtler ways. Of course, low oil prices could force some oil and gas producers to stop drilling, since some fields will no longer be economically viable. It could also reduce the capital budgets of the biggest oil firms, whose cash balances are already strained in today’s environment. But the price slump may also create a sizable opportunity for new oil exploration projects, such as deep-water oil and gas fields, which have long lead times (five to eight years) and do not rely solely on today’s oil prices—provided these projects attract funding for critical infrastructure, such as new pipelines. Already, these projects have shown surprising resilience as the excess supply of drilling rigs drives down exploration and development costs.</p><p>Winners in this new cheap-oil world will be the firms that have cash to spend and governments that are good at attracting scarce new investments. The result could be a shift in oil exploration—the drilling of new wells in new fields—away from the traditional basins to underexplored places, such as East Africa and even Iraq. If well managed and the economics look favorable to investors, the next several years could see a diversification of world oil supply—a good thing for all big energy consumers since oil security is first and foremost a function of diversity.</p><p>KNOWN KNOWNS</p><p>Predicting anything about oil and prices is a hazardous business. But some of the effects of the price tumble are easy to guess.</p>',
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'description_old' => ' Europe Crosses the Rubicon January 29, 2015 Mark Blyth and Cornel Ban Summary: Just as Julius Caesar crossed the Rubicon river, in spite of the warnings of the Roman Senate not to, so has Alex Tsipras, leader of the anti-austerity party, Syriza, decided to try to end austerity in Greece, in spite of Europe's leaders saying he shouldn't. Whether Tsipras will succeed is still unclear, but whatever happens, his victory represents a crucial turning point for Europe—a signal that time has run out on austerity policies. It may be odd to use a Roman metaphor to describe a Greek political event, but in this case, it's apt. ',
'description' => ' Europe Crosses the Rubicon January 29, 2015 Mark Blyth and Cornel Ban Summary: Just as Julius Caesar crossed the Rubicon river, in spite of the warnings of the Roman Senate not to, so has Alex Tsipras, leader of the anti-austerity party, Syriza, decided to try to end austerity in Greece, in spite of Europe's leaders saying he shouldn't. Whether Tsipras will succeed is still unclear, but whatever happens, his victory represents a crucial turning point for Europe—a signal that time has run out on austerity policies. It may be odd to use a Roman metaphor to describe a Greek political event, but in this case, it's apt. ',
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'content_old' => '<p>It may be odd to use a Roman metaphor to describe a Greek political event, but in this case, it’s apt. Just as Julius Caesar crossed the Rubicon river because he could, in spite of the warnings of the Roman Senate not to, so Alex Tsipras, leader of the anti-austerity party, Syriza, has decided to try to <a href="http://www.syriza.gr/article/id/59907/SYRIZA---THE-THESSALONIKI-PROGRAMME.html#.VMhO4MZjFpk">end austerity</a> in Greece, in spite of Europe’s leaders <a href="http://www.washingtontimes.com/news/2015/jan/27/germany-holds-greece-to-austerity-terms-despite-el/">saying he shouldn’t</a>. Whether Tsipras will succeed is still unclear, but whatever happens, his victory represents a crucial turning point for Europe—a signal that time has run out on austerity policies.</p><p>A “Tsipras” had to happen somewhere eventually, because there’s only so long you can ask people to vote for impoverishment today based on promises of a better tomorrow that never arrives. If voting for impoverishment brings only more impoverishment, eventually people will stop voting for it—and the timing of “eventually” will depend on when people’s assets run out. In the Greek case, backers of the incumbent New Democracy party and its austerity policies constitute that quarter of the electorate who still have assets (pensions, paper, and portfolios) after five years of depression and who want to preserve what they have. The 36 percent that voted for Syriza were the young, the asset-less, and the unemployed—people who either lost what they once had or never had much to begin with. Greece’s <a href="http://www.tradingeconomics.com/greece/gdp-growth-annual">1.9 percent of growth</a> last year means essentially nothing to a society that <a href="http://www.tradingeconomics.com/greece/gdp">has lost nearly 30 percent of GDP</a> in a little over half a decade; on the current course, it would take, <a href="http://www.nber.org/papers/w20185">by latest estimates</a>, two generations for the country to get back above water.</p>',
'content' => '<p>It may be odd to use a Roman metaphor to describe a Greek political event, but in this case, it’s apt. Just as Julius Caesar crossed the Rubicon river because he could, in spite of the warnings of the Roman Senate not to, so Alex Tsipras, leader of the anti-austerity party, Syriza, has decided to try to <a href="http://www.syriza.gr/article/id/59907/SYRIZA---THE-THESSALONIKI-PROGRAMME.html#.VMhO4MZjFpk">end austerity</a> in Greece, in spite of Europe’s leaders <a href="http://www.washingtontimes.com/news/2015/jan/27/germany-holds-greece-to-austerity-terms-despite-el/">saying he shouldn’t</a>. Whether Tsipras will succeed is still unclear, but whatever happens, his victory represents a crucial turning point for Europe—a signal that time has run out on austerity policies.</p><p>A “Tsipras” had to happen somewhere eventually, because there’s only so long you can ask people to vote for impoverishment today based on promises of a better tomorrow that never arrives. If voting for impoverishment brings only more impoverishment, eventually people will stop voting for it—and the timing of “eventually” will depend on when people’s assets run out. In the Greek case, backers of the incumbent New Democracy party and its austerity policies constitute that quarter of the electorate who still have assets (pensions, paper, and portfolios) after five years of depression and who want to preserve what they have. The 36 percent that voted for Syriza were the young, the asset-less, and the unemployed—people who either lost what they once had or never had much to begin with. Greece’s <a href="http://www.tradingeconomics.com/greece/gdp-growth-annual">1.9 percent of growth</a> last year means essentially nothing to a society that <a href="http://www.tradingeconomics.com/greece/gdp">has lost nearly 30 percent of GDP</a> in a little over half a decade; on the current course, it would take, <a href="http://www.nber.org/papers/w20185">by latest estimates</a>, two generations for the country to get back above water.</p>',
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'title' => 'Greece looks beyond the EU thanks for partnership with Japan',
'description_old' => 'The EU-Japan Economic Partnership Agreement created the world's largest trade zone made up of more than half a billion people. Since the EPA came into force in 2019, businesses and citizens of Greece and Japan immediately felt the agreement's positive impact, particularly in the agri-food sector.
As a result of the EPA, tariffs for wine and alcoholic beverages were slashed from 15% to zero. In the coming years, 85% of EU agri-food exports to Japan will be covered by further trade liberalization.',
'description' => 'The EU-Japan Economic Partnership Agreement created the world's largest trade zone made up of more than half a billion people. Since the EPA came into force in 2019, businesses and citizens of Greece and Japan immediately felt the agreement's positive impact, particularly in the agri-food sector.
As a result of the EPA, tariffs for wine and alcoholic beverages were slashed from 15% to zero. In the coming years, 85% of EU agri-food exports to Japan will be covered by further trade liberalization.',
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'content_old' => '<p>The EU-Japan Economic Partnership Agreement created the world’s largest trade zone made up of more than half a billion people. Since the EPA came into force in 2019, businesses and citizens of Greece and Japan immediately felt the agreement’s positive impact, particularly in the agri-food sector.</p>
<p>As a result of the EPA, tariffs for wine and alcoholic beverages were slashed from 15% to zero. In the coming years, 85% of EU agri-food exports to Japan will be covered by further trade liberalization.</p>
<p>The world’s 3rd largest economy, Japan has a solid reputation as a reliable partner not only of large companies but also of SMEs across the 27-member trading bloc. Notwithstanding the obvious commercial benefits, the EPA is also ambitious in its goal of building a more environmentally sustainable future and promoting the equitable distribution of wealth.</p>
<p>What does this mean for Greek businesses and the local community?</p>
<p>Prior to the pandemic, total trade volume between Japan and Greece has been in a decreasing trend since the economic crisis in Greece, the Japanese Ministry of Foreign Affairs said. But, in 2020, Greek exports to Japan doubled, while Japan jumped from ten places to No. 22 in terms of trade volume to Greece, according to the December 2020 figures from <a href="https://www.enterprisegreece.gov.gr/en/" target="_blank" rel="noopener">Enterprise Greece</a>, which organizes regular online seminars on Doing Business in Japan to help local businesses expand their overseas markets.</p>
<p>Greek agri-food products, pharmaceuticals and consumer goods, such as cosmetics, have emerged the biggest winners. This comes as no surprise given the trade synergy that exists between the two countries. On one hand, Greek products are known for their superior quality and state-of-the-art packaging. While on the other, the average Japanese consumer is widely known to have high expectations regarding goods and services. </p>
<p>What is also interesting is the growing trend among Japanese towards healthy and nutritious food, a blessing for Greek food producers that represent the widely-praised “Mediterranean diet.”</p>
<p>Beyond consumer goods, innovation and digital transformation have also emerged as major growth areas when it comes to cross-border opportunities. Greek entrepreneurs from the US and other countries have returned him to share their expertise and talent with their enterprising compatriots.</p>
<p>This is a welcome development as Greece’s construction, IT and healthcare sectors have embraced the digital economy and can easily find partners in Japan, which has long been known as the leader in high tech innovation and digital transformation.</p>
<p>Although the world has yet to totally contain the COVID-19 pandemic, Greek enterprises have continued venturing beyond their European borders and have discovered that Greece’s relationship with Japan only just beginning.</p>',
'content' => '<p>The EU-Japan Economic Partnership Agreement created the world’s largest trade zone made up of more than half a billion people. Since the EPA came into force in 2019, businesses and citizens of Greece and Japan immediately felt the agreement’s positive impact, particularly in the agri-food sector.</p>
<p>As a result of the EPA, tariffs for wine and alcoholic beverages were slashed from 15% to zero. In the coming years, 85% of EU agri-food exports to Japan will be covered by further trade liberalization.</p>
<p>The world’s 3rd largest economy, Japan has a solid reputation as a reliable partner not only of large companies but also of SMEs across the 27-member trading bloc. Notwithstanding the obvious commercial benefits, the EPA is also ambitious in its goal of building a more environmentally sustainable future and promoting the equitable distribution of wealth.</p>
<p>What does this mean for Greek businesses and the local community?</p>
<p>Prior to the pandemic, total trade volume between Japan and Greece has been in a decreasing trend since the economic crisis in Greece, the Japanese Ministry of Foreign Affairs said. But, in 2020, Greek exports to Japan doubled, while Japan jumped from ten places to No. 22 in terms of trade volume to Greece, according to the December 2020 figures from <a href="https://www.enterprisegreece.gov.gr/en/" target="_blank" rel="noopener">Enterprise Greece</a>, which organizes regular online seminars on Doing Business in Japan to help local businesses expand their overseas markets.</p>
<p>Greek agri-food products, pharmaceuticals and consumer goods, such as cosmetics, have emerged the biggest winners. This comes as no surprise given the trade synergy that exists between the two countries. On one hand, Greek products are known for their superior quality and state-of-the-art packaging. While on the other, the average Japanese consumer is widely known to have high expectations regarding goods and services. </p>
<p>What is also interesting is the growing trend among Japanese towards healthy and nutritious food, a blessing for Greek food producers that represent the widely-praised “Mediterranean diet.”</p>
<p>Beyond consumer goods, innovation and digital transformation have also emerged as major growth areas when it comes to cross-border opportunities. Greek entrepreneurs from the US and other countries have returned him to share their expertise and talent with their enterprising compatriots.</p>
<p>This is a welcome development as Greece’s construction, IT and healthcare sectors have embraced the digital economy and can easily find partners in Japan, which has long been known as the leader in high tech innovation and digital transformation.</p>
<p>Although the world has yet to totally contain the COVID-19 pandemic, Greek enterprises have continued venturing beyond their European borders and have discovered that Greece’s relationship with Japan only just beginning.</p>',
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'section_summary_old' => 'The EU-Japan Economic Partnership Agreement created the world’s largest trade zone made up of more than half a billion people. Since the EPA came into force in 2019, businesses and citizens of Greece and Japan immediately felt the agreement’s positive impact, particularly in the agri-food sector.
As a result of the EPA, tariffs for wine and alcoholic beverages were slashed from 15% to zero. In the coming years, 85% of EU agri-food exports to Japan will be covered by further trade liberalization.',
'section_summary' => 'The EU-Japan Economic Partnership Agreement created the world’s largest trade zone made up of more than half a billion people. Since the EPA came into force in 2019, businesses and citizens of Greece and Japan immediately felt the agreement’s positive impact, particularly in the agri-food sector.
As a result of the EPA, tariffs for wine and alcoholic beverages were slashed from 15% to zero. In the coming years, 85% of EU agri-food exports to Japan will be covered by further trade liberalization.',
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'title' => 'Greece 2021',
'description' => 'Following the disruption caused by the SARS-CoV-2 global pandemic last year, GMI Post is preparing a second Special Report on Greece, which will again highlight the country’s main economic players and hidden champions. The special report is planned for this summer to coincide with the opening of the postponed Tokyo Olympics.
While the SARS-CoV-2 pandemic reversed the solid gains made by Greece in 2018, when the country exited its economic bailout program, the country is getting back up on its feet with cautious optimism as the government led by Prime Minister Kyriakos Mistotakis efficiently oversees its vaccination rollout.
Analysts predict that Greece’s GDP to grow between 3.5 and 4.0 percent in the coming months.',
'url' => 'greece-2021',
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'content' => '<p>Following the disruption caused by the SARS-CoV-2 global pandemic last year, GMI Post is preparing a second Special Report on Greece, which will again highlight the country’s main economic players and hidden champions. The special report is planned for this summer to coincide with the opening of the postponed Tokyo Olympics.</p>
<p>While the SARS-CoV-2 pandemic reversed the solid gains made by Greece in 2018, when the country exited its economic bailout program, the country is getting back up on its feet with cautious optimism as the government led by Prime Minister Kyriakos Mistotakis efficiently oversees its vaccination rollout.</p>
<p>Analysts predict that Greece’s GDP to grow between 3.5 and 4.0 percent in the coming months. Supporting this prediction is the EU-Japan Economic Partnership Agreement, which came into effect in 2019, created the world’s largest free trade zone, and gave a strong boost to Greek agri-food exporters. In fact, only one year after the EU-Japan EPA came into effect, Greek exports to Japan doubled.</p>
<p>The upcoming report will highlight Greece’s highly profitable prospects outside the EU and identify valuable investment opportunities for Japanese companies.</p>
<p>Inquiries regarding this report can be directed to Project Coordinator <a href="mailto:francis@gmipost.com?subject=Special%20Report%20on%20Greece" target="_blank" rel="noopener">Francis Pacheco</a>.</p>',
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'id' => '460875',
'title' => 'Shipping is deep in the Greek DNA',
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'tags' => 'Greece, Japan, Shipping, Star Bulk, Gaslog, Euroseas',
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'content_old' => '<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Greece%202020/Star-Bulk--Chairman-Spyros-Capralos.jpg" alt="" width="442" height="288" /><figcaption class="image-caption">With Star Bulk Chairman Spyros Capralos</figcaption></figure>
<p>Over many years, Greece has managed to remain the largest maritime power worldwide. Shipping has always been part of the Greek heritage. In fact, 53 percent of the European fleet is owned by Greeks, while 21 percent of the global fleet is owned by the same.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Greece%202020/Gaslog--CEO-Paul-Wogan-.jpg" alt="" width="442" height="288" /><figcaption class="image-caption">With Gaslog CEO Paul Wogan</figcaption></figure>
<p>There is stiff competition around the world for shipping companies but Greek shipping companies, regardless of economic downturns anywhere around the world, have managed to keep up with the latest technological advancements and innovation. They have dedicated a lot of their resources to promoting environmental sustainability in their vessels as well as in their operations.</p>
<p>While competition in the shipping industry may be ruthless, Greek maritime companies consider each other as allies, as partners that grow the country’s shipping industry together. While recent years have been very challenging for Greek business, the shipping companies have honored the long relationships and commitments of their competitors.advancements and innovation. They have dedicated a lot of their resources to promoting environmental sustainability in their vessels as well as in their operations.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Greece%202020/Euroseas-Marcos-Vassilikos-Managing-Dir.-JPG.jpg" alt="" width="442" height="288" /><figcaption class="image-caption">With Euroseas Managing Director Marcos Vassilikos</figcaption></figure>
<p>And among those companies that have nurtured long, fruitful relationships with Japan are <a href="https://www.starbulk.com/">Star Bulk Inc.</a>, which is Greece’s biggest dry bulk shipping company, <a href="https://www.gaslogltd.com/">Gaslog</a>, which transports liquefied natural gas, and <a href="http://www.euroseas.gr/">Euroseas</a>, which engages in chartering, dry bulk shipping, and the sale and purchase of Japanese ships.</p>',
'content' => '<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Greece%202020/Star-Bulk--Chairman-Spyros-Capralos.jpg" alt="" width="442" height="288" /><figcaption class="image-caption">With Star Bulk Chairman Spyros Capralos</figcaption></figure>
<p>Over many years, Greece has managed to remain the largest maritime power worldwide. Shipping has always been part of the Greek heritage. In fact, 53 percent of the European fleet is owned by Greeks, while 21 percent of the global fleet is owned by the same.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Greece%202020/Gaslog--CEO-Paul-Wogan-.jpg" alt="" width="442" height="288" /><figcaption class="image-caption">With Gaslog CEO Paul Wogan</figcaption></figure>
<p>There is stiff competition around the world for shipping companies but Greek shipping companies, regardless of economic downturns anywhere around the world, have managed to keep up with the latest technological advancements and innovation. They have dedicated a lot of their resources to promoting environmental sustainability in their vessels as well as in their operations.</p>
<p>While competition in the shipping industry may be ruthless, Greek maritime companies consider each other as allies, as partners that grow the country’s shipping industry together. While recent years have been very challenging for Greek business, the shipping companies have honored the long relationships and commitments of their competitors.advancements and innovation. They have dedicated a lot of their resources to promoting environmental sustainability in their vessels as well as in their operations.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Greece%202020/Euroseas-Marcos-Vassilikos-Managing-Dir.-JPG.jpg" alt="" width="442" height="288" /><figcaption class="image-caption">With Euroseas Managing Director Marcos Vassilikos</figcaption></figure>
<p>And among those companies that have nurtured long, fruitful relationships with Japan are <a href="https://www.starbulk.com/">Star Bulk Inc.</a>, which is Greece’s biggest dry bulk shipping company, <a href="https://www.gaslogltd.com/">Gaslog</a>, which transports liquefied natural gas, and <a href="http://www.euroseas.gr/">Euroseas</a>, which engages in chartering, dry bulk shipping, and the sale and purchase of Japanese ships.</p>',
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'title' => 'Greece 2020',
'description' => 'When Greece and Japan celebrated the 120th anniversary of the establishment of formal diplomatic relations last year, the two countries welcomed "a new era of partnership in business and culture." The milestone came at an auspicious time as Greece continued on its road to economic recovery and Japan strengthened its efforts to expand its relations with Europe as the EU-Japan Free Trade Agreement came into effect.',
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(int) 2 => array(
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'id' => '459790',
'title' => 'Colombia ushers in new era for workers and foreign investors',
'description_old' => '',
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'credit_id' => '48',
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'content_old' => '<p>When our team met the Deputy Minister of Labor Carlos Alberto Baena, who has served the government in various capacities since 2001, he outlined the numerous initiatives that took place over the past two years and underlined the positive achievements in the country’s different sectors.</p>
<p>Among the <a href="http://www.mintrabajo.gov.co/web/guest/inicio" target="_blank">Minstry of Labor’s</a> biggest achievements is improving the lives for retried senior citizens under a program called <a href="https://www.fondodesolidaridadpensional.gov.co/" target="_blank">"Colombia Mayor,"</a> which has created new work opportunities for pensioners and provide discounts to public health programs and medical expenses.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Colombia%202020/Blog-Colombia-Week-1-Labor.jpg" alt="" width="442" height="314" /><figcaption class="image-caption">With Deputy Minister of Labor Carlos Alberto Baena</figcaption></figure>
<p>“We also acknowledge the beginning of a stronger social dialog and the promotion of equality in the economic development of the nation. This means business owners and workers will be able to have better relationships and see an increase of salaries without affecting businesses. Through these strengthened dialogs, we saw the highest registered basic salary increase since 2013, when the negotiations started. Now, we see that these negotiations happening every two years,” Baena said.</p>
<p>That was an important step for the ministry because it drove other projects that benefited foreign investment by reducing unemployment, particularly among new college graduates, and providing qualified workers for new investors.</p>
<p>Through continuous dialogue and partnerships, several entities have come up with innovative ideas to highlight the qualifications and skills of Colombia’s fresh graduates. The government is also looking into how to expand this effort into more institutions of higher education as more students look for work and more companies – local and foreign – seek more workers.</p>
<p>The government is very confident that its labor-related incentives will benefit Colombia’s labor and industrial sector just as the country positions itself as an ideal destination for investment.</p>',
'content' => '<p>When our team met the Deputy Minister of Labor Carlos Alberto Baena, who has served the government in various capacities since 2001, he outlined the numerous initiatives that took place over the past two years and underlined the positive achievements in the country’s different sectors.</p>
<p>Among the <a href="http://www.mintrabajo.gov.co/web/guest/inicio" target="_blank">Minstry of Labor’s</a> biggest achievements is improving the lives for retried senior citizens under a program called <a href="https://www.fondodesolidaridadpensional.gov.co/" target="_blank">"Colombia Mayor,"</a> which has created new work opportunities for pensioners and provide discounts to public health programs and medical expenses.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Colombia%202020/Blog-Colombia-Week-1-Labor.jpg" alt="" width="442" height="314" /><figcaption class="image-caption">With Deputy Minister of Labor Carlos Alberto Baena</figcaption></figure>
<p>“We also acknowledge the beginning of a stronger social dialog and the promotion of equality in the economic development of the nation. This means business owners and workers will be able to have better relationships and see an increase of salaries without affecting businesses. Through these strengthened dialogs, we saw the highest registered basic salary increase since 2013, when the negotiations started. Now, we see that these negotiations happening every two years,” Baena said.</p>
<p>That was an important step for the ministry because it drove other projects that benefited foreign investment by reducing unemployment, particularly among new college graduates, and providing qualified workers for new investors.</p>
<p>Through continuous dialogue and partnerships, several entities have come up with innovative ideas to highlight the qualifications and skills of Colombia’s fresh graduates. The government is also looking into how to expand this effort into more institutions of higher education as more students look for work and more companies – local and foreign – seek more workers.</p>
<p>The government is very confident that its labor-related incentives will benefit Colombia’s labor and industrial sector just as the country positions itself as an ideal destination for investment.</p>',
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'title' => 'Colombia 2020',
'description' => 'As Japan and Colombia celebrate 112 years of diplomatic relations this year, the world's third-largest economy remains the largest Asian investor in the South American economy and plans to further expand its investment in the country.
Continuing its coverage of South America in The Japan Times, GMI Post explores Colombia's partnership with Japan and will cover the cities of Medellin, Cartagena, and Cali.
Seven years after its previous report on Colombia, GMI Post's team will expand its scope into more sectors, such as legal services, agriculture, food & beverage, education and hospitality. ',
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(int) 3 => array(
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'id' => '459791',
'title' => 'The world gets a taste of Greece',
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'content_old' => '<p>Greece’s food and agriculture industries have been the country’s most important and most reliable export sectors, providing the world with premium quality olive oil, feta cheese, cotton, tobacco and honey, among others.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Greece%202020/Roussas-Dairy.jpg" alt="" width="442" height="288" /><figcaption class="image-caption">With Roussas Dairy President and CEO Alexandros Botos</figcaption></figure>
<p>But one product that has not received as much global attention is Greek wine. The country has been producing very good wines that have begun to catch the attention of connoisseurs in Europe. These wine makers, making slow but sure strides in America and Australia, hope that the rest of the world will soon catch up.</p>
<p>Meanwhile, many traditional food growers and food producers, deeply committed to preserving the quality of their produce and goods, are starting to shed their worries that new technology will negatively impact the superiority of their products. So, we have seen more companies adopt the latest machinery and implement new processes to increase efficiency and raise their output, without compromising quality.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Greece%202020/Trikalinos.jpg" alt="" width="442" height="288" /><figcaption class="image-caption">With Trikalinos CEO Zafiris Trikalinos</figcaption></figure>
<p>Last year, 16 Greek food companies participated in Japan FoodEx 2019, among them <a href="https://www.roussas.gr/" target="_blank">Roussas Dairy</a> (feta cheese), <a href="https://greeknatureestate.gr/" target="_blank">Greek Nature Estate</a> (olive oil) and <a href="https://trikalinos.gr/en/" target="_blank">Trikalinos</a> (cured fish roe), which received an award from Pentawards in 2009 for its innovative packaging and from the International Taste Institute in 2012 for product quality.</p>
<p>The food and agriculture sectors are forecast to further increase their share of Greece’s GDP in the next few years as exporters continue to expand their markets around the world, like the United States, China and Japan.</p>',
'content' => '<p>Greece’s food and agriculture industries have been the country’s most important and most reliable export sectors, providing the world with premium quality olive oil, feta cheese, cotton, tobacco and honey, among others.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Greece%202020/Roussas-Dairy.jpg" alt="" width="442" height="288" /><figcaption class="image-caption">With Roussas Dairy President and CEO Alexandros Botos</figcaption></figure>
<p>But one product that has not received as much global attention is Greek wine. The country has been producing very good wines that have begun to catch the attention of connoisseurs in Europe. These wine makers, making slow but sure strides in America and Australia, hope that the rest of the world will soon catch up.</p>
<p>Meanwhile, many traditional food growers and food producers, deeply committed to preserving the quality of their produce and goods, are starting to shed their worries that new technology will negatively impact the superiority of their products. So, we have seen more companies adopt the latest machinery and implement new processes to increase efficiency and raise their output, without compromising quality.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Greece%202020/Trikalinos.jpg" alt="" width="442" height="288" /><figcaption class="image-caption">With Trikalinos CEO Zafiris Trikalinos</figcaption></figure>
<p>Last year, 16 Greek food companies participated in Japan FoodEx 2019, among them <a href="https://www.roussas.gr/" target="_blank">Roussas Dairy</a> (feta cheese), <a href="https://greeknatureestate.gr/" target="_blank">Greek Nature Estate</a> (olive oil) and <a href="https://trikalinos.gr/en/" target="_blank">Trikalinos</a> (cured fish roe), which received an award from Pentawards in 2009 for its innovative packaging and from the International Taste Institute in 2012 for product quality.</p>
<p>The food and agriculture sectors are forecast to further increase their share of Greece’s GDP in the next few years as exporters continue to expand their markets around the world, like the United States, China and Japan.</p>',
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'content_old' => '<p class="Body"><span lang="EN-US">As our team began the project in Colombia, we've met many organizations and companies that were interested in initiatives to protect the environment. Acknowledging a growing clamor to safeguard the country’s valuable flora and fauna, the Ministry of Environment unveiled its <em>Programa Infraestructura, </em>which includes the building of roads that can provide power to electric vehicles.</span></p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Colombia%202020/Blog-Colombia-Week-1-Asopartes.jpg" alt="" width="442" height="288" /><figcaption class="image-caption">With Jose Alcibiades Garcia, President of the ASOPARTES (Association of the Automotive Sector and Auto Parts Sector)</figcaption></figure>
<p class="Body">Over the past several years, there has been a consistent rise in the demand for electric vehicles because of a growing awareness of the connection between carbon emissions, global warming and climate change. Amid this global crisis, Colombia recognized that it did not have the technology to address such environmental challenges. So, <a href="https://investincolombia.com.co/news/988-opportunities-to-invest-in-infrastructure-in-colombia.html" target="_blank">the government wants to develop so-called 4G roads, which will integrate the country’s transport infrastructure and link vital industrial centers and major ports</a>.</p>
<p class="Body">Although the initiative has encountered delays since it was launched in 2014, momentum has grown as more electric public transport and vehicles ply the streets of the capital Bogota.</p>
<p class="Body">Forecasts by automobile importers indicate that by 2023, the number of electric and hybrid vehicles, whether they be private or public, will double at the very least. The government is encouraging consumers to by “green” cars by not imposing any taxes or duties on them.</p>
<p class="Body"><span lang="EN-US">With this long-term vision, Colombia’s government, with the support of various groups, has created a new area for growth for the automotive sector and the rest of the economy, which </span><span lang="EN-US">should be welcome news for foreign investors around the world in search of promising opportunities.</span></p>',
'content' => '<p class="Body"><span lang="EN-US">As our team began the project in Colombia, we've met many organizations and companies that were interested in initiatives to protect the environment. Acknowledging a growing clamor to safeguard the country’s valuable flora and fauna, the Ministry of Environment unveiled its <em>Programa Infraestructura, </em>which includes the building of roads that can provide power to electric vehicles.</span></p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Colombia%202020/Blog-Colombia-Week-1-Asopartes.jpg" alt="" width="442" height="288" /><figcaption class="image-caption">With Jose Alcibiades Garcia, President of the ASOPARTES (Association of the Automotive Sector and Auto Parts Sector)</figcaption></figure>
<p class="Body">Over the past several years, there has been a consistent rise in the demand for electric vehicles because of a growing awareness of the connection between carbon emissions, global warming and climate change. Amid this global crisis, Colombia recognized that it did not have the technology to address such environmental challenges. So, <a href="https://investincolombia.com.co/news/988-opportunities-to-invest-in-infrastructure-in-colombia.html" target="_blank">the government wants to develop so-called 4G roads, which will integrate the country’s transport infrastructure and link vital industrial centers and major ports</a>.</p>
<p class="Body">Although the initiative has encountered delays since it was launched in 2014, momentum has grown as more electric public transport and vehicles ply the streets of the capital Bogota.</p>
<p class="Body">Forecasts by automobile importers indicate that by 2023, the number of electric and hybrid vehicles, whether they be private or public, will double at the very least. The government is encouraging consumers to by “green” cars by not imposing any taxes or duties on them.</p>
<p class="Body"><span lang="EN-US">With this long-term vision, Colombia’s government, with the support of various groups, has created a new area for growth for the automotive sector and the rest of the economy, which </span><span lang="EN-US">should be welcome news for foreign investors around the world in search of promising opportunities.</span></p>',
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Continuing its coverage of South America in The Japan Times, GMI Post explores Colombia's partnership with Japan and will cover the cities of Medellin, Cartagena, and Cali.
Seven years after its previous report on Colombia, GMI Post's team will expand its scope into more sectors, such as legal services, agriculture, food & beverage, education and hospitality. ',
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'id' => '366571',
'title' => 'TWSE: Cultivating Growth',
'description_old' => 'When gauging a country's economic prospects, analysts first study the historical performance of its financial market and activity that characterize its investment environment. For more than 50 years, the Taiwan Stock Exchange (TWSE) has served as the island nation's definitive economic benchmark.',
'description' => 'When gauging a country's economic prospects, analysts first study the historical performance of its financial market and activity that characterize its investment environment. For more than 50 years, the Taiwan Stock Exchange (TWSE) has served as the island nation's definitive economic benchmark.',
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'content_old' => '<p>When gauging a country's economic prospects, analysts first study the historical performance of its financial market and activity that characterize its investment environment. For more than 50 years, the <a href="http://www.twse.com.tw/en/" target="_blank">Taiwan Stock Exchange (TWSE)</a> has served as the island nation's definitive economic benchmark.</p>
<p>With strict attention paid to corporate governance reporting standards and strong economic upturn, Taiwan has a well-earned reputation as a preferred investment destination both at home and abroad. This is evidenced in the growth of TWSE's main index, which hit the 10,000 ceiling on May 11.</p>
<p>TWSE Chairman Jun-ji Shih knows what it takes not only to realize this record high but also to sustain that growth.</p>
<figure class="image-container floated-right" style="float: right;"><img src="http://gmipost.com/img/uploads/Taiwan%202017/TWSE-Photo.jpg" alt="" width="442" height="452" /><figcaption class="image-caption">Taiwan has a well-earned reputation as a preferred investment destination both at home and abroad. </figcaption></figure>
<p style="text-align: left;">"One factor is economic performance, and we think that performance should be able to support the growth of the stock market. Other factors include the inflow of foreign funds and the contribution of individual domestic investors to enhance capital market surplus. The last decade has seen a steady climb in institutional investors, with this group having 40% of the overall holdings of the Taiwan market.”</p>
<p>At the end of June 2017, the TWSE reported 837 domestic listed companies and 64 foreign primary listed companies. Taiwan's well-known strength in high tech has also contributed to the stock market progress with globally-recognized giants <a href="http://www.tsmc.com/english/default.htm" target="_blank">Taiwan Semiconductor Manufacturing Company</a> and <a href="http://www.foxconn.com/" target="_blank">Hon Hai Precision (Foxconn)</a> being listed on TWSE. Biotech is also active, and the bourse has the highest number of listed biotech companies in Asia.</p>
<p>"Taiwan's position as a leading global supply chain gives our market many advantages with international linkage thro ugh Asia and worldwide. Our advanced ICT ecosystem enterprises are an integral part of our success. Investors in these companies enjoy the benefits of Taiwan's transparency and shareholder protection, while easily accessing other markets in the region and beyond,” noted Shih.</p>
<p>External recognition of Taiwan's advances in corporate governance by global reporting bodies shows yet another side of Taiwan's market strength. It is well worth mentioning that <a href="http://www.robecosam.com/en/sustainability-insights/about-sustainability/country-sustainability-ranking/" target="_blank">2016 was the first year Taiwan made the Robeco SAM Country Sustainability Ranking</a>. This is significant because when Taiwan was ranked, it was in the top third. Taiwan also placed first in APAC in Bloomberg's ESG category as well as rising to the 4th place position in ACGA's most recent survey.</p>
<p>"The ultimate goal of the TWSE is to provide trading value growth and consistently high dividend yields in the 4% range. Our listed companies also have reasonable P/E ratios; both of these are factors that continue to draw foreign investors to our market," Shih added.</p>
<p>Looking to the future, Shih is active in building greater collaboration with the international community to further strengthen Taiwan's investment environment. This involves working closely with other exchanges like Japan, Korea, Malaysia and NASDAQ with whom strong ties are held. Promoting the advantages of investing in Taiwan is also a key strategy, which entails roadshows in all regions of the world that include New York, London, Hong Kong and Singapore. With all this momentum in place, the TWSE is poised to deliver.</p>',
'content' => '<p>When gauging a country's economic prospects, analysts first study the historical performance of its financial market and activity that characterize its investment environment. For more than 50 years, the <a href="http://www.twse.com.tw/en/" target="_blank">Taiwan Stock Exchange (TWSE)</a> has served as the island nation's definitive economic benchmark.</p>
<p>With strict attention paid to corporate governance reporting standards and strong economic upturn, Taiwan has a well-earned reputation as a preferred investment destination both at home and abroad. This is evidenced in the growth of TWSE's main index, which hit the 10,000 ceiling on May 11.</p>
<p>TWSE Chairman Jun-ji Shih knows what it takes not only to realize this record high but also to sustain that growth.</p>
<figure class="image-container floated-right" style="float: right;"><img src="http://gmipost.com/img/uploads/Taiwan%202017/TWSE-Photo.jpg" alt="" width="442" height="452" /><figcaption class="image-caption">Taiwan has a well-earned reputation as a preferred investment destination both at home and abroad. </figcaption></figure>
<p style="text-align: left;">"One factor is economic performance, and we think that performance should be able to support the growth of the stock market. Other factors include the inflow of foreign funds and the contribution of individual domestic investors to enhance capital market surplus. The last decade has seen a steady climb in institutional investors, with this group having 40% of the overall holdings of the Taiwan market.”</p>
<p>At the end of June 2017, the TWSE reported 837 domestic listed companies and 64 foreign primary listed companies. Taiwan's well-known strength in high tech has also contributed to the stock market progress with globally-recognized giants <a href="http://www.tsmc.com/english/default.htm" target="_blank">Taiwan Semiconductor Manufacturing Company</a> and <a href="http://www.foxconn.com/" target="_blank">Hon Hai Precision (Foxconn)</a> being listed on TWSE. Biotech is also active, and the bourse has the highest number of listed biotech companies in Asia.</p>
<p>"Taiwan's position as a leading global supply chain gives our market many advantages with international linkage thro ugh Asia and worldwide. Our advanced ICT ecosystem enterprises are an integral part of our success. Investors in these companies enjoy the benefits of Taiwan's transparency and shareholder protection, while easily accessing other markets in the region and beyond,” noted Shih.</p>
<p>External recognition of Taiwan's advances in corporate governance by global reporting bodies shows yet another side of Taiwan's market strength. It is well worth mentioning that <a href="http://www.robecosam.com/en/sustainability-insights/about-sustainability/country-sustainability-ranking/" target="_blank">2016 was the first year Taiwan made the Robeco SAM Country Sustainability Ranking</a>. This is significant because when Taiwan was ranked, it was in the top third. Taiwan also placed first in APAC in Bloomberg's ESG category as well as rising to the 4th place position in ACGA's most recent survey.</p>
<p>"The ultimate goal of the TWSE is to provide trading value growth and consistently high dividend yields in the 4% range. Our listed companies also have reasonable P/E ratios; both of these are factors that continue to draw foreign investors to our market," Shih added.</p>
<p>Looking to the future, Shih is active in building greater collaboration with the international community to further strengthen Taiwan's investment environment. This involves working closely with other exchanges like Japan, Korea, Malaysia and NASDAQ with whom strong ties are held. Promoting the advantages of investing in Taiwan is also a key strategy, which entails roadshows in all regions of the world that include New York, London, Hong Kong and Singapore. With all this momentum in place, the TWSE is poised to deliver.</p>',
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'title' => 'Business opportunities in Latin America for Japanese companies',
'description_old' => 'Thanks to Texas' proximity to the emerging markets of Central and South America, several major Japanese companies with significant investments in Latin America have set up operations in the state. Japanese companies also regard Texas as a manufacturing and research hub because of its highly skilled workforce and a healthy appetite for risk taking among Texans.
Javier Mazon, a Texas-based consultant and former Texas Instruments executive for Latin America, talks about why investing in Latin America makes sense for Japanese companies.',
'description' => 'Thanks to Texas' proximity to the emerging markets of Central and South America, several major Japanese companies with significant investments in Latin America have set up operations in the state. Japanese companies also regard Texas as a manufacturing and research hub because of its highly skilled workforce and a healthy appetite for risk taking among Texans.
Javier Mazon, a Texas-based consultant and former Texas Instruments executive for Latin America, talks about why investing in Latin America makes sense for Japanese companies.',
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'content_old' => '<p>As an overall market, Latin America is usually broken down into four major regions: Mexico, South America, Central America, and the Caribbean. Collectively, Latin America continues to provide huge business opportunities for Japan, whose exports to the region are valued at more than $28.7 billion every year. </p>
<p>For Japanese companies, high market growth opportunities are still emerging in several industrial sectors across Latin America with an aggregate market of more than 630 million consumers. This year, GDP growth for the region is predicted to surge to 2.2% from 1.3% in 2017.</p>
<p>And with emerging markets still driving global economic growth, Latin America is expected provide among the best performers. This year, GDP growth in the region is predicted to grow at its fastest pace since 2013, when regional GDP growth reached 2.9 %. The individual country projections for 2018 are: Chile (2.8%), Brazil (2.0%), Peru (2.9%), Colombia (2.6%), and Mexico (2.4%).</p>
<figure class="image-container floated-right" style="float: right;"><img src="http://gmipost.com/img/uploads/Texas%202018/Javier-Mazon-.jpg" alt="" width="288" height="432" /><figcaption class="image-caption">Group Lamerica President and General Manager Javier A. Manzon </figcaption></figure>
<p>The factors favoring investment in Latin America include growing economic stability; a young and educated workforce; an expanding middle class; more democratic political institutions; more open trade conditions; increasing international investments and established active operations.</p>
<p>Japanese companies have a history in the region. From the 1960s, trade between Japan and Latin America has experienced substantial growth, driven by demand for natural resources and the competitive labor costs in manufacturing. By 2015, Japanese investment had expanded into the services sectors.</p>
<p>Relations between Latin America and Asia, particularly Japan, encompass trade and foreign direct investment in a range of industries that benefit both sides and bely a wide-held notion that trade and integration are only about commodities-for-manufacturing.</p>
<p>The most recent effort to further open trade opportunities is the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), a revival of the abandoned Trans-Pacific Partnership.</p>
<p>The CPTPP is a trade agreement agreed to in principle in January 2018 between Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam and signed in March 2018 in Santiago, Chile. </p>
<p>This new agreement, coupled with continuing successes from on-going arrangements, will focus on the role of companies and governments in seeking new areas of mutually beneficial trade and investment and encouraging a broader distribution of developmental gains.</p>
<p>The outlook for opportunities is very positive and well worth consideration by Japanese businesses looking for strategic expansion into Latin America.</p>
<p><em>(Ed. Note: <a href="mailto:jmazon@grouplamerica.com" target="_blank">Javier A. Mazon</a> is president and general manager of </em><a href="http://www.grouplamerica.com/" target="_blank"><em>Group Lamerica</em>,</a><em> an American business consultancy and operational services company)</em></p>',
'content' => '<p>As an overall market, Latin America is usually broken down into four major regions: Mexico, South America, Central America, and the Caribbean. Collectively, Latin America continues to provide huge business opportunities for Japan, whose exports to the region are valued at more than $28.7 billion every year. </p>
<p>For Japanese companies, high market growth opportunities are still emerging in several industrial sectors across Latin America with an aggregate market of more than 630 million consumers. This year, GDP growth for the region is predicted to surge to 2.2% from 1.3% in 2017.</p>
<p>And with emerging markets still driving global economic growth, Latin America is expected provide among the best performers. This year, GDP growth in the region is predicted to grow at its fastest pace since 2013, when regional GDP growth reached 2.9 %. The individual country projections for 2018 are: Chile (2.8%), Brazil (2.0%), Peru (2.9%), Colombia (2.6%), and Mexico (2.4%).</p>
<figure class="image-container floated-right" style="float: right;"><img src="http://gmipost.com/img/uploads/Texas%202018/Javier-Mazon-.jpg" alt="" width="288" height="432" /><figcaption class="image-caption">Group Lamerica President and General Manager Javier A. Manzon </figcaption></figure>
<p>The factors favoring investment in Latin America include growing economic stability; a young and educated workforce; an expanding middle class; more democratic political institutions; more open trade conditions; increasing international investments and established active operations.</p>
<p>Japanese companies have a history in the region. From the 1960s, trade between Japan and Latin America has experienced substantial growth, driven by demand for natural resources and the competitive labor costs in manufacturing. By 2015, Japanese investment had expanded into the services sectors.</p>
<p>Relations between Latin America and Asia, particularly Japan, encompass trade and foreign direct investment in a range of industries that benefit both sides and bely a wide-held notion that trade and integration are only about commodities-for-manufacturing.</p>
<p>The most recent effort to further open trade opportunities is the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), a revival of the abandoned Trans-Pacific Partnership.</p>
<p>The CPTPP is a trade agreement agreed to in principle in January 2018 between Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam and signed in March 2018 in Santiago, Chile. </p>
<p>This new agreement, coupled with continuing successes from on-going arrangements, will focus on the role of companies and governments in seeking new areas of mutually beneficial trade and investment and encouraging a broader distribution of developmental gains.</p>
<p>The outlook for opportunities is very positive and well worth consideration by Japanese businesses looking for strategic expansion into Latin America.</p>
<p><em>(Ed. Note: <a href="mailto:jmazon@grouplamerica.com" target="_blank">Javier A. Mazon</a> is president and general manager of </em><a href="http://www.grouplamerica.com/" target="_blank"><em>Group Lamerica</em>,</a><em> an American business consultancy and operational services company)</em></p>',
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" style="font-family:Myriad-pro;font-weight:normal">GMI Post Mar 26, 2018
Thanks to Texas' proximity to the emerging markets of Central and South America, several major Japanese companies with significant investments in L...